\(
\def\WIPO{World Intellectual Property Organisation}
\)
The microeconomics of market failures / Bernard Salanie.
2000
B 75 SAL.M
Available at WIPO Library
Items
Details
Title
The microeconomics of market failures / Bernard Salanie.
Description
ix, 224 pages ; [28] cm
ISBN
0262194430
9780262194433 hc.
9780262194433 hc.
Alternate Call Number
B 75 SAL.M
Summary
"In this book Bernard Salanie studies the circumstances under which competitive markets fail to achieve a socially optimal equilibrium and the interventions that are used to remedy these market failures. The discussion focuses on the microeconomic aspects of market failures, encompassing theories of collective decision making, welfare economics, and industrial organization. The book concludes with a chapter considering the theory of general equilibrium in incomplete markets, and the implications this theory poses for dealing with market failures."--Jacket.
Bibliography, etc. Note
Includes bibliographical references and index.
Formatted Contents Note
The Microeconomics of Market Failures
Contents
Preface
The Microeconomics of Market Failures
Introduction
Collective Choice
The Aggregation of Preferences
Cost-Benefit Analysis
Implementation
Public Economics
Public Goods
External Effects
Nonconvexities
Industrial Organization
General Equilibrium of Imperfect Competition
Prices and Quantities
Product Choice
Long-Term Entry and Competition
Vertical Relations
Incomplete Markets
Elements of the Theory of Incomplete Markets
Index.
Contents
Preface
The Microeconomics of Market Failures
Introduction
Collective Choice
The Aggregation of Preferences
Cost-Benefit Analysis
Implementation
Public Economics
Public Goods
External Effects
Nonconvexities
Industrial Organization
General Equilibrium of Imperfect Competition
Prices and Quantities
Product Choice
Long-Term Entry and Competition
Vertical Relations
Incomplete Markets
Elements of the Theory of Incomplete Markets
Index.
Series
Published
Cambridge, Ma And London, Uk : The Mit Press, 2000.
Language
English
Record Appears in
Added Corporate Author
Review
"In this book Bernard Salanie studies the circumstances under which competitive markets fail to achieve a socially optimal equilibrium and the interventions that are used to remedy these market failures. The discussion focuses on the microeconomic aspects of market failures, encompassing theories of collective decision making, welfare economics, and industrial organization. The book concludes with a chapter considering the theory of general equilibrium in incomplete markets, and the implications this theory poses for dealing with market failures."--Jacket.